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Question:
You are managing a long-term project which will be completed in three phases over the next two years. All of the needed inputs for the Estimate Activity Durations process have been gathered and ready to produce the activity duration estimates. Your sponsor would like a project estimate by the end of the week for all three phases. What tools and techniques will you use to produce this estimate?
A
Analogous estimating.
explanation
By using analogous estimating technique, you will have to spend less time than other estimating techniques. This technique can be used to estimate time for different phases on the project. However, analogous estimating is not as accurate as other estimating techniques.
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